540 NE 74th St Miami, FL 33138 Available

  • $715,000
  • 6 beds
  • 4 baths
  • 2,602 sqft

Luxury Multi Family in Miami MIMO district located walking distance from the Vagabond Hotel. Main house is a 2 bed, 2 bath with vaulted ceilings and fireplace WITH attached 2 bed 1 bath In Law Quarters. 2nd detached property consists of 2 bed 1 bath. Concrete block construction throughout, barrel tile and flat roofs. Renovated, nice finishes, cash flowing, and with wonderful responsible tenants. CAP rate is 7% + net of all expenses and financials available upon request. Recent comp on similar with less square footage sold for $800,000 (521 NE 68 St, sold 02/10/20)

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Comparable Sales Data

Address – Price Sold On – SqFt – Price/SqFt – Bed  – Bath  – Built

1 NW 44th St $1,157,400 04/24/2019 1458 $794 4 2.0 1966

7509 3rd $750,000 01/22/2020 3705 $202 9 6.0

521 NE 68th St $800,000 02/10/2020 2175 $368 6 4.0 1952

Price:
$715,000
Address:
540 NE 74th St
Miami, FL 33138
Square Feet:
2,602
Lot Size:
6,452
Bedrooms:
6
Bathrooms:
4
Terms:
Assignment of Contract
Property Type:
Triplex
Year Built:
1935
Const. Type:
CBS

Call (954) 998-3366 for more details

Property Location